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While most of the sporting world is transfixed over the weekend by the conclusion of the Vancouver Games and the scintillating Canada-U.S. hockey game, Bobcats Owner Bob Johnson agrees to sell the team to Michael Jordan. The price Jordan and his team of investors are paying is up to some debate, but it seems certain that Johnson will see a loss from the $300M he spent for the team in ’03. Jordan’s increased involvement could provide a sense of stability for the young franchise, which has struggled to gain a foothold in the Charlotte market. There already are calls that Jordan must maintain a larger presence around the team in this new role. Meanwhile, at least one local columnist is saying the team should take the ownership change as an opportunity to get rid of the “Bobcats” moniker, which has been “irreversibly tainted by its association with Johnson, who more or less named the team for himself.”

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